IDEAS home Printed from https://ideas.repec.org/p/erg/wpaper/0430.html
   My bibliography  Save this paper

Prospects of Mortgage Markets in MENA Countries: An Analysis of Financial, Legal and Institutional Aspects with Emphasis on the Egyptian Case Study

Author

Listed:
  • Ziad Bahaa Eldin

    (The General Authority for Investment and Free Zones)

  • Mahmoud Mohieldin

    (Ministry of Investment, Egypt)

  • Sahar Nasr

    (The World Bank)

Abstract

This paper assesses the mortgage and housing finance market in various MENA countries, in an attempt to identify the main impediments. The approach followed involves critical analyses through reviewing the economic and political conditions for a successful mortgage finance system, as well as the legal and regulatory framework and the institutional setup. Subsequently, the paper sets out the challenges and the issues that need to be addressed in developing a well-functioning, market oriented housing finance system in emerging economies. The Egyptian case is considered in some detail as an example of a country in transition in terms of its mortgage market. It is evident that selected countries have made major strides in recent years towards the development and emergence of a new system of mortgage finance. However, there are various impediments that need to be addressed and policy implications that should be considered.

Suggested Citation

  • Ziad Bahaa Eldin & Mahmoud Mohieldin & Sahar Nasr, 2004. "Prospects of Mortgage Markets in MENA Countries: An Analysis of Financial, Legal and Institutional Aspects with Emphasis on the Egyptian Case Study," Working Papers 0430, Economic Research Forum, revised Dec 2004.
    • Handle: RePEc:erg:wpaper:0430
    as

    Download full text from publisher

    File URL: http://www.erf.org.eg/CMS/getFile.php?id=205
    Download Restriction: no
    File URL: http://www.erf.org.eg/cms.php?id=NEW_publication_details_working_papers&publication_id=366
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:erg:wpaper:0430. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sherine Ghoneim (email available below). General contact details of provider: https://edirc.repec.org/data/erfaceg.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.